'Groundbreaking': Cornwall geothermal project seeks funds
by Adam Vaughan from on (#2WKMW)
The UK's first commercial geothermal plant could come online as soon as 2020 - research suggests the technology generate a fifth of the nation's power
A pioneering project to produce power from hot rocks several kilometres under the ground in Cornwall will begin drilling early next year, if a multimillion-pound fundraising drive succeeds.
Abundance, a crowdfunding platform overseen by the main City regulator, will this week launch a bond to raise 5m for the UK's first commercial geothermal power station, located near Redruth.
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